NASDAQ: COCO, CECO, LINC - Education Stocks Losers

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Today educations stocks are seeing massive selling pressure after Apollo's announcement.

Corinthian Colleges, Inc. (NASDAQ:COCO) plunged 4% to $16.69. The stock has recovered over 50% from its 52-week low of $11.29. Corinthian Colleges, Inc. (Corinthian) is a post-secondary education company in the United States and Canada. As of June 30, 2009, the Company had a student enrolment of 86,088, and operated 89 schools in 24 states and 17 schools in the province of Ontario, Canada.

Career Education Corp. (NASDAQ:CECO) fell 5.50% to $22.17. So far this year the stock is up over 25%. Career Education Corporation (CEC) is an on-ground provider of private, for-profit, postsecondary education in the Untied States and has a presence in online education. The Company’s schools and universities prepare students for professional careers through the operation of more than 75 on-ground campuses located throughout the United States, France, Canada, Italy and the United Kingdom and three online academic programs.

Lincoln Educational Services Corporation (NASDAQ:LINC) dipped 5.56% to $21.91. Lincoln Educational Services Corporation is a provider of career-oriented post-secondary education. The Company offers high school graduates and working adults degree and diploma programs in five areas of study: automotive technology, health sciences, skilled trades, business and information technology, and hospitality services. During the year ended December 31, 2008, the Company’s automotive technology program, health science program, skilled trades program, business and information technology program, and hospitality services program accounted for approximately 35%, 32%, 14%, 9%, and 10%, respectively, of its average enrollment.

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